SEC Form 4 · accession 0000912728-15-000072
FORWARD AIR CORP · FWRD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael P McLean
Officer — VP & CAO
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 4:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000912728
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 23, 2015 | M | 100 | $22.87 | A | 13,989 | D | |
| Common Stock | Feb 23, 2015 | S | 100 | $54.00 | D | 13,889 | D | |
| Common Stock | Feb 24, 2015 | M | 16,800 | $22.87 | A | 30,689 | D | |
| Common Stock | Feb 24, 2015 | S | 16,800 | $54.0066 | D | 13,889 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $22.87 | Feb 23, 2015 | M | 100 | D | — | Feb 8, 2016 | Common Stock | 100 | 34,800 | D |
| Stock Option (Right to Buy)F1 | $22.87 | Feb 24, 2015 | M | 16,800 | D | — | Feb 8, 2016 | Common Stock | 16,800 | 18,000 | D |
Explanation of responses
- F1This option vested 33-1/3% each year over a three year period commencing on 2/8/10.